Allianz (ALV) PT Set at €188.00 by Bank of America

Allianz (FRA:ALV) received a €188.00 ($223.81) price objective from equities researchers at Bank of America in a report released on Wednesday. The firm currently has a “sell” rating on the stock. Bank of America’s price objective would suggest a potential downside of 4.59% from the stock’s current price.

ALV has been the subject of a number of other reports. Citigroup set a €205.70 ($244.88) price objective on Allianz and gave the company a “buy” rating in a research note on Friday, September 8th. Jefferies Group set a €216.00 ($257.14) price objective on Allianz and gave the company a “buy” rating in a research note on Tuesday, October 3rd. set a €192.00 ($228.57) price objective on Allianz and gave the company a “neutral” rating in a research note on Monday, September 4th. Barclays set a €178.00 ($211.90) price objective on Allianz and gave the company a “sell” rating in a research note on Wednesday, October 25th. Finally, J P Morgan Chase & Co set a €228.00 ($271.43) price objective on Allianz and gave the company a “buy” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €201.32 ($239.67).

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Allianz (FRA:ALV) opened at €197.05 ($234.58) on Wednesday. Allianz has a 52 week low of €154.27 ($183.65) and a 52 week high of €204.67 ($243.65).

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About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty and life/health insurance, and asset management products and services worldwide. The companys Property-Casualty Insurance segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel insurance products to private and corporate customers.